Thornburg Investment Income Fund Price To Sales
TIBCX Fund | USD 25.57 0.16 0.63% |
Thornburg Investment Income fundamentals help investors to digest information that contributes to Thornburg Investment's financial success or failures. It also enables traders to predict the movement of Thornburg Mutual Fund. The fundamental analysis module provides a way to measure Thornburg Investment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thornburg Investment mutual fund.
Thornburg |
Thornburg Investment Income Mutual Fund Price To Sales Analysis
Thornburg Investment's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Thornburg Investment Price To Sales | 1.54 X |
Most of Thornburg Investment's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thornburg Investment Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Thornburg Investment Income has a Price To Sales of 1.54 times. This is much higher than that of the Thornburg family and significantly higher than that of the World Allocation category. The price to sales for all United States funds is notably lower than that of the firm.
Thornburg Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thornburg Investment's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Thornburg Investment could also be used in its relative valuation, which is a method of valuing Thornburg Investment by comparing valuation metrics of similar companies.Thornburg Investment is currently under evaluation in price to sales among similar funds.
Fund Asset Allocation for Thornburg Investment
The fund consists of 80.7% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Thornburg Investment's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Thornburg Fundamentals
Price To Earning | 2.63 X | ||||
Price To Book | 1.57 X | ||||
Price To Sales | 1.54 X | ||||
Total Asset | 539.51 M | ||||
Annual Yield | 0.04 % | ||||
Year To Date Return | 10.78 % | ||||
One Year Return | 12.51 % | ||||
Three Year Return | 6.78 % | ||||
Five Year Return | 6.72 % | ||||
Ten Year Return | 5.04 % | ||||
Net Asset | 11.49 B | ||||
Last Dividend Paid | 0.23 | ||||
Cash Position Weight | 6.01 % | ||||
Equity Positions Weight | 80.70 % | ||||
Bond Positions Weight | 3.26 % |
About Thornburg Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thornburg Investment Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thornburg Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thornburg Investment Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Thornburg Mutual Fund
Thornburg Investment financial ratios help investors to determine whether Thornburg Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thornburg with respect to the benefits of owning Thornburg Investment security.
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |